● French central bank governor: EU wholesale CBDC plans will be released within weeks
According to CoinDesk, the Governor of the Bank of France said that central banks in the eurozone will develop plans for wholesale central bank digital currencies (CBDCs) in the coming weeks to innovate the way financial institutions settle securities and foreign exchange transactions.
"The Eurosystem has begun exploring new technologies for central bank money settlements, including the issuance of the first tokenized CBDC," Bank of France Governor François Villeroy de Galhau said at a conference. Eligibility criteria and a call for expressions of interest will be announced in the coming weeks, and experiments will be launched next year, including real transaction trials. He added that the central bank will explore "alternative protocols and blockchains" as well as its own proprietary distributed ledger securities settlement system (DL3S).
● Fed's Bostic: The next move is expected to be a 25 basis point rate cut at the end of next year
According to Jinshi, Fed Chairman Bostic said that the next move is expected to be a 25 basis point interest rate cut at the end of next year.
● The author of "The Big Short": Jump Trading lost more than $200 million in FTX bankruptcy
According to The Block, Michael Lewis, author of "The Big Short," said Jump Trading lost $206 million in the FTX bankruptcy, one of the largest losses of any company other than FTX or Alameda. In addition, the entity "Tai Mo Shan Limited" is a subsidiary of Jump Trading, which lost more than $75 million.
Of FTX’s $8.7 billion in debt, the funds in FTX’s top 50 accounts account for nearly half of the amount owed.
● Ledger and Sotheby’s partner to launch limited edition hardware wallet for collectors
According to The Block, crypto hardware wallet provider Ledger has signed an "exclusive" partnership with Sotheby's to provide wallets to Sotheby's top NFT collectors. The free service is for one year.
Ledger said that as part of the collaboration, winners of the Sotheby’s NFT auction will receive a limited edition co-branded Ledger x Sotheby’s Nano X wallet, and plans to expand the product to Ledger Stax in the future.
Ledger will also provide services to Sotheby’s clients to help them understand self-custody issues for digital assets.
● The yield on the US 30-year Treasury bond rose to 4.856%, the highest since 2007
According to Jinshi, the yield on the US 30-year Treasury bond rose to 4.856%, the highest level since 2007.
● Bitcoin mining difficulty increased by 0.35% to 57.32T, a record high
According to BTC.com data, the difficulty of Bitcoin mining has been adjusted at 15:58 today (block height 810432), with the difficulty of mining increased by 0.35% to 57.32T, a record high. The average computing power of the entire network is currently 417.73 EH/s.
● Binance assists the Royal Thai Police in combating criminal networks
According to the Binance blog, Binance recently worked with the Royal Thai Police to successfully crack down on criminal networks involved in large-scale virtual currency fraud. The two major operations resulted in the arrest of major criminals and the seizure of a large amount of assets, further consolidating Binance’s commitment to global cybersecurity and regulatory compliance.
Recently, Binance and the Cyber Crime Investigation Bureau of the Royal Thai Police successfully dismantled a "pig killing" scam and seized assets worth approximately US$277 million. In another operation, Binance assisted in the capture of suspects involved in three provinces in Thailand and seized 16 luxury residences, 12 high-end vehicles and cash equivalent to US$440,000.
Binance’s investigations team actively supports law enforcement agencies around the world in the fight against cybercrime, providing critical intelligence and expertise. This collaboration is a key element of Binance’s ongoing efforts to enhance user security and maintain regulatory compliance in the digital asset ecosystem.
The Royal Thai Police stated that Binance is an important ally in the fight against fraud and cybercrime, and they value this partnership and look forward to it continuing.
